[Breaking] Won-Dollar Exchange Rate Surges to 1430 Won Amid Martial Law Declaration...
by Song Seungseop
Published 03 Dec.2024 23:13(KST)
Updated 03 Dec.2024 23:25(KST)
![[Breaking] Won-Dollar Exchange Rate Surges to 1430 Won Amid Martial Law Declaration...](http://www.asiae.co.kr/news/img_view.htm?img=2024032815261921258_1711607179.jpg)
President Yoon Suk-yeol declared martial law on the 3rd, causing the won-dollar exchange rate to surge.
As of 11 PM that day, the won-dollar exchange rate in the foreign exchange market stood at 1,422 won, up 22.8 won from the previous day's closing price. The won-dollar exchange rate, which had been fluctuating between 1,400 and 1,403 won, began to rise around 10:30 PM when President Yoon declared martial law, sharply increasing to as high as 1,430 won.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.